January Biodiesel Imports Hit 7-Year High

January Biodiesel Imports Hit 7-Year High

 

January Biodiesel Exports Fall 50% From December

U.S. January Biodiesel imports of 18.3 million gallons were the highest recorded for any January dating back to 2015. January 2022 imports were 88 percent above January 2021 imports but 39 percent below December.  Imports typically fall during the first quarter

U.S. January biodiesel imports of 18.3 million gallons were the highest recorded for any January dating back to 2015.  January 2022 imports were 88 percent over January 2021, but 39 percent below December.

Imports generally decline during the first quarter of a new year.  2022 imports are off to a strong start and at 18.3 million gallons they are 43 percent above the five-year January import average of 12.8 million gallons. The EPA’s proposed blending mandate raises the renewable volume obligation for biomass-based diesel from 2.43 billion gallons to 2.76 billion.

Germany provided 45 percent of the imports received…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

10.18.2024

RIN prices fall week on week despite lower reported US biodiesel output

RIN prices fall week on week despite lower reported US biodiesel output

Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...

10.18.2024

US DCO prices decrease amid quiet trade week

US DCO prices decrease amid quiet trade week

US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...

10.18.2024

Lackluster trade volume keeps weekly US animal proteins prices mostly steady

Lackluster trade volume keeps weekly US animal proteins prices mostly steady

US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.

Several market participants told Fastmarkets it was a...

Latest Tweets